REGISTERED NUMBER: 05272264 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LESLIN TRANSPORT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr. C. Backhouse

Mrs L. Goldie

REGISTERED OFFICE:

18 Hillside Crescent

BARNETBY

DN38 6HQ

REGISTERED NUMBER:

05272264 (England and Wales)

ACCOUNTANTS:

Smethurst & Co

12 Abbey Road

GRIMSBY

DN32 0HL

BANKERS:

Barclays Bank

LEICESTER

LE87 2BB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

491,491

451,505

491,491

451,505

CURRENT ASSETS

Stocks

13,700

15,360

Debtors

199,016

176,662

Cash at bank

22,832

10,698

235,548

202,720

CREDITORS

Amounts falling due within one year

530,518

480,157

NET CURRENT LIABILITIES

(294,970

)

(277,437

)

TOTAL ASSETS LESS CURRENT LIABILITIES

196,521

174,068

CREDITORS

Amounts falling due after more than one year

(102,485

)

(86,735

)

PROVISIONS FOR LIABILITIES

(93,382

)

(85,785

)

NET ASSETS

654

1,548

CAPITAL AND RESERVES

Allotted, called up and

fully paid share capital

200

200

Profit and loss account

454

1,348

SHAREHOLDERS' FUNDS

654

1,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mr. C. Backhouse - Director

1.	STATUTORY INFORMATION

Leslin Transport Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill arising on the acquisition of businesses, represents the excess of the fair value of consideration over the fair value of identifiable assets and liabilities acquired.

Goodwill is amortised in equal instalments over its expected useful life which is estimated at ten years, except where it has been identified as impaired in the period, in which case it is written down as appropriate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

10% Straight Line

Fixtures and fittings

-

33% Straight Line and 15% Reducing Balance

Motor vehicles

-

25% Reducing Balance and 10% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

20,000

AMORTISATION

At 1 January 2024

and 31 December 2024

20,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

1,046,493

Additions

125,000

Disposals

(88,800

)

At 31 December 2024

1,082,693

DEPRECIATION

At 1 January 2024

594,988

Charge for year

63,014

Eliminated on disposal

(66,800

)

At 31 December 2024

591,202

NET BOOK VALUE

At 31 December 2024

491,491

At 31 December 2023

451,505

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 January 2024

208,052

Additions

125,000

At 31 December 2024

333,052

DEPRECIATION

At 1 January 2024

23,814

Charge for year

26,461

At 31 December 2024

50,275

NET BOOK VALUE

At 31 December 2024

282,777

At 31 December 2023

184,238

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank overdrafts

60,855

53,035

The company has a charge to Barclays Bank plc dated 13 August 2010 by way of a mortgage and fixed and floating charge secured over all the companies assets.

The Barclays Bank plc has a fixed and floating charge dated 4 November, 2016 over the property and undertakings of the company.